SunCar Technology Group Inc.
SunCar Technology Group Inc. (SDA) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for SunCar Technology Group Inc. (SDA), covering cash flow, earnings, and balance sheets.
SunCar Technology Group Inc. (SDA) Income Statement & Financial Overview
Review SunCar Technology Group Inc. SDA income statement with detailed quarterly and annual figures.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $129.19M | $109.62M | $101.54M | $101.54M |
| Cost of Revenue | $231.59M | $51.22M | $89.38M | $89.38M |
| Gross Profit | -$102.40M | $58.40M | $12.16M | $12.16M |
| Gross Profit Ratio | -$0.79 | $0.53 | $0.12 | $0.12 |
| R&D Expenses | $6.62M | $1.42M | $16.10M | $16.10M |
| SG&A Expenses | -$109.03M | $56.74M | $25.37M | $25.37M |
| Operating Expenses | -$102.41M | $58.16M | $41.47M | $41.47M |
| Total Costs & Expenses | $129.19M | $109.38M | $130.85M | $130.85M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $1.07M | $1.16M | $0.00 | $0.00 |
| Depreciation & Amortization | $1.38M | $1.69M | $906500.00 | $906500.00 |
| EBITDA | $1.49M | $2.08M | -$28.40M | -$28.40M |
| EBITDA Ratio | $0.01 | $0.02 | -$0.28 | -$0.28 |
| Operating Income | $3000.00 | $245000.00 | -$29.31M | -$29.31M |
| Operating Income Ratio | $0.00 | $0.002 | -$0.29 | -$0.29 |
| Other Income/Expenses (Net) | -$961000.00 | -$1.01M | -$631000.00 | -$631000.00 |
| Income Before Tax | -$958000.00 | -$769000.00 | -$29.94M | -$29.94M |
| Income Before Tax Ratio | -$0.007 | -$0.007 | -$0.29 | -$0.29 |
| Income Tax Expense | $1.92M | $664000.00 | $133500.00 | $133500.00 |
| Net Income | -$3.92M | -$2.16M | -$31.29M | -$31.29M |
| Net Income Ratio | -$0.03 | -$0.02 | -$0.31 | -$0.31 |
| EPS | -$0.04 | -$0.02 | -$0.33 | -$0.33 |
| Diluted EPS | -$0.04 | -$0.02 | -$0.33 | -$0.33 |
| Weighted Avg Shares Outstanding | $98.31M | $98.34M | $93.66M | $93.66M |
| Weighted Avg Shares Outstanding (Diluted) | $98.31M | $98.34M | $93.66M | $93.66M |
Over the last four quarters, SunCar Technology Group Inc.'s revenue moved from $101.54M in Q1 2024 to $129.19M in Q4 2024. Operating income in Q4 2024 was $3000.00, with a strong operating margin of N/A. Despite fluctuations in R&D and SG&A expenses, EBITDA for SunCar Technology Group Inc. remained robust at $1.49M, reflecting operational efficiency. Net income dropped to -$3.92M, with an EPS of -$0.04. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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